As the EU prepares for a regulatory shift, financial firms will face scrutiny over AI and tokenization in client services.
The European financial regulator has announced that it will prioritize the oversight of artificial intelligence (AI) and tokenization in the financial sector beginning in 2027. This initiative involves mapping the use of these technologies by financial firms, particularly in products that directly interact with clients. Additionally, the regulator will conduct checks on businesses most affected by these advancements.
Reporting based on public statements, filings, and reporting gathered from multiple sources.
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